Problems faced by the market

Technology and infrastructure thresholds:

While the potential of blockchain technology is huge, DePIN faces high technical barriers in many practical applications. Many traditional enterprises and users lack sufficient technical support and understanding when transitioning to the Web3 ecosystem. The construction of decentralized physical infrastructure is not yet widespread, and the performance and efficiency of the overall network still needs to be improved.

Regulatory and Compliance Challenges:

The legal and regulatory framework for blockchain and decentralized assets is not yet complete, especially in the DePIN space, where compliance issues are compounded when it comes to digitizing tokens of traditional assets.

National laws have different attitudes towards digital assets, creating difficulties in cross-border operations and international deployment.

Market Education and User Awareness:

Since Web3 and the DePIN ecosystem are still emerging concepts, many users and traditional enterprises do not have a good understanding of them, resulting in a slow adoption of Web3.

More market education is needed to help users understand the value and potential of decentralization.

Concentration of resources and market monopoly:

Although DePIN can theoretically break the traditional resource centralization and market monopoly, the existing Web3 project is still dominated by a number of larger platforms, failing to fully realize true decentralization and resulting in unequal distribution of resources.